Chicago, IL 60637,6360-6362 S Greenwood AVE

$630,000

Est. payment /mo

$799,999

21.2%
Est.Price: ?

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6360-6362 S Greenwood AVE Chicago, IL 60637

9,873 SqFt

SOLD DATE : 12/23/2024

Key Details

Sold Price $630,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 9,873 sqft

Price per Sqft $63

MLS Listing ID 12110892

Sold Date 12/23/24

Maintenance Fees $5,100

Year Built 1884

Annual Tax Amount $6,775

Tax Year 2023

Lot Dimensions 50 X 125

Property Sub-Type Multi Family 5+

Property Description

6360-6362 South Greenwood Ave., is a rarely available and highly desired six (6) unit building, with center entrance walk-up located just outside of Hyde Park in Chicago's East Woodlawn neighborhood. The property is located minutes away from the prestigious University of Chicago and the construction site of the future Obama Presidential Library. This solid building is comprised of three (3) Bedrooms with two baths and three (3) 3 Bedrooms with 1.5 bath units. All units feature incredibly spacious layouts and with the 2nd & 3rd floor units include sunrooms. Building features updated boiler and hot water heater 2022), newer porches (2015). This is a great opportunity for an investor to acquire a highly desirable building in one of Chicago's best neighborhoods. . However, with most of the building's current rents are below current market levels, there is a tremendous amount of value to be added solely by stabilizing rents to area standards.

Location

State IL

County Cook

Area Chi - Woodlawn

Zoning MULTI

Interior

Cooling None

Fireplaces Number 6

Fireplace Y

Exterior

Utilities Available Water-Municipal

Roof Type Rubber

Building

Level or Stories 3

Structure Type Brick

Others

HOA Fee Include None

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Midwest Real Estate Data (MRED) IDX
Listed by Conrade Carpenter • City & Suburbs Realty, Inc.
Bought with Michael Applegate • Straight-A Realty, LLC
agent

Michael Schatz

+1(312) 961-4450

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